Last confirmed active 17 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
25score
$999,000
MLS
Street view14020 Brookstone Dr
Carmel IN 46032 · Single Family · built 2001
5 bd5 ba6,290 sqft$159/sqft vs ZIP $233 −32%
0.37 lender DSCR (est.)
Rent covers the estimated payment 0.37× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,728/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.
32% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$999,000List price
$2,728Rent estimate / mo
0.37Lender DSCR (est.)
$19,972Taxes / yr · county assessor
$233ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,728 |
| − Mortgage (P&I) | −$5,239 |
| − Taxes | −$1,664 |
| − Insurance | −$416 |
| − HOA | −$63 |
| = Cash flow before vacancy & repairs | $-4,654 |
The numbers
- Price
- $999,000
- $ / sq ft
- $159 ZIP median $233
- Rent estimate
- $2,728/mo HUD fair-market rent
- Property taxes
- $19,972/yr 2% cap on assessed value $998,600
- PITIA (assumed)
- $7,382/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $63/mo
- Lender DSCR (est.)
- 0.37 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 25/100 32% under ZIP $/sqft
The property
- Beds / baths
- 5 / 5
- Living area
- 6,290 sq ft
- Lot
- 24,829 sq ft
- Year built
- 2001
- Property type
- Single Family
- HOA
- $63/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22094320
- Listed
- May 8, 2026
- Days on market
- 150
- Listing agent
- Chas Schaffernoth · F.C. Tucker Company
3179751523 · chas@c21scheetz.com - Price history
- First asked $999,000
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.